Bank reconciliation
Maria75
Registered Posts: 3
I have done this in the past using sage and it is straight forward as long as you do it on a regular basis.
I am about to take on a role where they have not carried out the Bank Rec for some time. They have not specified how long. if they have not done it for six months what is the best way to go about this. HELP!
I am about to take on a role where they have not carried out the Bank Rec for some time. They have not specified how long. if they have not done it for six months what is the best way to go about this. HELP!
0
Comments
-
Impossible to say without knowing the volume of transactions or any other useful info. If you can easily identify any payments/receipts from other records (ie. cheque books, paying in books, streamline reports) you might be best doing a quick manual reconciliation and if it works then you know you can match off all the transactions in sage. If it doesn't then you may have to work through it.0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership